Home

On 6 April 2020, the Coronavirus (Scotland) Act 2020 came into force. For social landlords, the interim measures include an extended notice period where a notice of recovery of proceedings has been served to recover a property under a Scottish secure tenancy and a short Scottish Secure Tenancy. Scottish Secure Tenancy The notice period has… Read more »

The COVID-19 pandemic and its impact on the global economy has resulted in challenging times for businesses, which will continue in the weeks and potentially months ahead. Key considerations for borrowers under their existing financing arrangements include, without limitation: Working capital / revolving credit facilities – lenders being able to stop making further advances; Market… Read more »

The Scottish Parliament debated amendments to the Coronavirus (Scotland) Bill on 1 April 2020. The amended Bill passed the same day and received Royal Assent on 6 April 2020. The Coronavirus (Scotland) Act 2020 comes into force on 7 April 2020. No amendments were made to the original parts of the Bill which will impact… Read more »

In January UK regulators put forward proposals for new rules to require Firms to take steps to ensure they were “operationally resilient” Firms may want to review these as they manage the current disruption and also seek to learn lessons for the future.